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Kenya set to increase LPG consumption
The Kenyan government has announced plans to increase the country’s liquefied petroleum gas (LPG) use from 6.5kg per capita to 15kg per capita by 2027.
Iran commissions 17 petroleum projects to earn $2bn annually
The Iranian Oil Ministry went on a launching spree on June 24 to bring online 17 major petroleum projects nationwide several weeks before the term of the current government comes to an end.
ENEOS the latest to sign up Qatari naphtha supplies
ENEOS has signed a long-term deal for naphtha supply offtake from QatarEnergy.
Iran has to import $2bn worth of petrol this year, MP says
An Iranian lawmaker has warned of a deepening energy shortage in Iran, flagging up the fact that the country would need to shell out $2bn for petrol imports this year.
Nigeria's petrol prices skyrocket by 223% in a year
Ghana’s cylinder recirculation model picks up speed
Ghana’s Cylinder Recirculation Model is expanding across the country, with LPG cylinders on their way to new designated exchange centres
QatarEnergy enters strategic agreement with Haldia
Indian petrochemicals company Haldia Petrochemicals Ltd has said that it has entered into a strategic agreement with QatarEnergy in a bid to maintain a reliable supply of naphtha.
Niger halts oil exports through Benin
Niger has shut off a 1,200-mile oil pipeline operated by the China National Petroleum Corp. used to transport crude through a port in Benin, according to comments made by Niger’s Oil Minister Mahaman Moustapha Barke Bako on June 13.
NNPCL signs agreement for deployment of FLNG facility
The Nigerian National Petroleum Co. Ltd (NNPCL) and Bermuda-based Golar LNG have signed a project development agreement for the deployment of a floating liquefied natural gas facility in Nigeria.
Nigeria's Dangote refinery delays gasoline deliveries
Nigeria’s Dangote refinery has announced that it will be delaying the start of gasoline deliveries until July 15 – with Dangote Group CEO Aliko Dangote providing little insight into reasons for the decision.
Qatarenergy signs another 10-year naphtha supply deal
State-owned QatarEnergy this week signed another deal to supply naphtha to an Asian customer, this time agreeing to supply India’s Haldia Petrochemicals Ltd (HPL) with up to 2mn tonnes over 10 years.
High domestic fuel usage killed chances of petrol exports, says Iranian deputy oil minister
A “sudden jump” in petrol consumption turned Iran into a fuel importer, the director of the National Iranian Oil Refining and Distribution Co. (NIORDC) said.
Nigerian modular refineries running below capacity due to feedstock troubles
Nigeria is still struggling to produce the feedstock needed for its refineries to run at full capacity, with policies from international oil companies, oil theft and pipeline vandalism all playing vital roles in perpetuating the issue.
Iraqi ministry defends Basra-Haditha pipeline plans
The Iraqi Ministry of Oil this week defended the Basra-Haditha oil pipeline project, highlighting its economic benefits, job creation potential, and enhanced export flexibility.
Oil tanker stranded at Nigeria's Dangote refinery due to payment issues
A large oil tanker has been stuck at Dangote refinery as of June 6, awaiting the discharge of its 1.9mn-barrel cargo due to alleged payment issues.
Oman introduces new LPG cylinder legislation
Oman’s Ministry of Commerce and Industry Promotion has introduced new changes to the country’s Liquid Petroleum Gas regulation in a bid to improve safety standards and streamline the gas cylinder market.
Saudi energy minister responds to criticism over OPEC+ output increase
Saudi Arabia’s Energy Minister Abdulaziz bin Salman Al Saud has responded to criticism regarding OPEC+ member nations’ decision to move forward with a gradual increase in oil production from October 2024.
Iran opens gas supply projects ahead of snap presidential election
Iran’s outgoing government rushed to bring online several major gas projects on June 6, with a focus on the southeastern province of Sistan and Baluchestan in the run-up to an early presidential election later this month.
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